U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
Read Instructions at end of Form before preparing Form.
Please print or type.
1. Name and address of issuer:
Bailard, Biehl & Kaiser International Fund Group, Inc.
2. Name of each series or class of funds for which this notice is filed:
Bailard, Biehl & Kaiser International Bond Fund
Bailard, Biehl & Kaiser International Equity Fund
3. Investment Company Act File Number: 811-02888
Securities Act File Number: 2-63270
4. Last day of fiscal year for which this notice is filed:
September 30, 1996
5. Check box if this notice is being filed more than 180 days after the
close of the issuer's fiscal year for purposes of reporting securities
sold after the close of the fiscal year but before termination of the
issuer's 24f-2 declaration:
[ ]
6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
applicable (see instruction A.6):
7. Number and amount of securities of the same class or series which had
been registered under the Securities Act of 1933 other than pursuant to
Rule 24f-2 in a prior fiscal year, but which remained unsold at the
beginning of the fiscal year: 0
8. Number and amount of securities registered during the fiscal year other
than pursuant to rule 24f-2: 0
9. Number and aggregate sales price of securities sold during the fiscal
year:
5,446,036 $36,333,143
10. Number and aggregate sales price of securities sold during the fiscal
year in reliance upon registration pursuant to rule 24f-2:
5,446,036 $36,333,143
<PAGE>
11. Number and aggregate sales price of securities issued during the fiscal
year in connection with dividend reinvestment plans, if applicable (see
instruction B.7):
As permitted by instruction B.7, DRIP shares are included in the
securities reported in Item 9.
12. Calculation of registration fee:
(I) Aggregate sales price of securities sold
during the fiscal year in reliance on rule
24f-2 (from item 10): $ 36,333,143
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(ii) Aggregate price of shares issued in
connection with dividend reinvestment
plans (from Item 11, if applicable) +
---------------------
(iii) Aggregate price of shares redeemed or
repurchased during the fiscal year (if
applicable): - 41,349,598
---------------------
(iv) aggregate price of shares redeemed or
repurchased and previously applied as a
reduction to filing fees pursuant to rule
24e-2 (if applicable): +
---------------------
(v) Net aggregate price of securities sold and
issued during the fiscal year in reliance
on rule 24f-2 [line (I), plus line (ii),
less line (iii), plus line (iv)] (if
applicable): $(5,016,455)
---------------------
(vi) Multiplier prescribed by Section 6(b) of
the Securities Act of 1933 or other
applicable law or regulation (see
instruction C.6): x 0.00030303
---------------------
(vii) Fee due [line (I) or line (v) multiplied
by line (vi)]: $ 0
=====================
Instructions: issuers should complete lines (ii), (iii), (iv), and (v)
only if the form is being filed within 60 days after the
close of the issuer's fiscal year. See Instruction C.3.
13. Check box if fees are being remitted to the Commission's lockbox
depository as described in section 3a of the Commission's Rules of the
Informal and Other Procedures 917 CFR 202.3a). [ ]
Date of mailing or wire transfer of file fees to the Commission's
lockbox depository: N/A- Net Redemptions
SIGNATURES
This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.
By (Signature and Title)* Barbara V. Bailey
--------------------------------------------
Barbara V. Bailey/ Treasurer
--------------------------------------------
Date: November 25, 1996
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* Please print the name and title of the signing officer below the signature.
November 25, 1996
Bailard, Biehl & Kaiser International Fund Group, Inc.
2755 Campus Drive
San Mateo, CA 94403
Re: Rule 24f-2 Notice
Ladies and Gentlemen:
We have acted as counsel for the Bailard, Biehl & Kaiser
International Fund Group, Inc., a Maryland corporation (the "Company"), in
connection with the preparation and filing of a Notice pursuant to Rule 24f-2
under the Investment Company Act of 1940, as amended, concerning sales of the
Company's shares during the fiscal year ended September 30, 1996 (the "Notice").
We have examined records, instruments, certificates and other
documents that we deemed relevant and necessary for the basis of our opinion
hereinafter expressed. In such examination, we have assumed the following: (a)
the authenticity of original documents and the genuineness of all signatures;
(b) the conformity to the originals of all documents submitted to us as copies;
and (c) the truth, accuracy and completeness of the information, representations
and warranties contained in the documents we have reviewed.
<PAGE>
Bailard, Biehl & Kaiser International Fund Group, Inc.
November 25, 1996
Page 2
Based on such examination, we are of the opinion that the
shares sold during the fiscal year ended September 30, 1996 as reported in the
Notice were legally issued and are fully paid and nonassessable.
Very truly yours,
HOWARD, RICE, NEMEROVSKI,
CANADY, FALK & RABKIN,
A Professional Corporation
By: Andre W. Brewster
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Andre W. Brewster
